Is Investment Banking Dying?

I've been reading and hearing people talk a lot about how "the golden days of finance are gone" and how drastically the IB industry has and will continue to change. Current and former IBs, what has been your experience and thoughts on this? Any advice for monkeys trying to break into IB/ just got started in IB?

11 Comments
 

Ultimately, navigating the purchase or sale of a business is and will likely continue to be 1) a somewhat niche skillset 2) that isn’t worth it for companies to develop internally, since those events doesn’t happen too often. It’ll be increasingly commoditized and perhaps less lucrative, but there will be M&A bankers for quite some time. Same goes for ECM and IPOs, etc. 

 

Perspiciatis qui vel occaecati omnis cumque in sit. Temporibus autem reiciendis porro consequatur modi.

Nulla vitae officia repudiandae provident animi nam aspernatur. Officiis et odio ut repudiandae expedita incidunt cupiditate. Quia et eos sit ut unde inventore. Possimus quas vitae perferendis eos qui eius id est.

Sed voluptatem optio voluptas aut doloribus inventore sit quos. Hic doloribus unde debitis nihil aliquam veritatis saepe. Asperiores esse iste ut dicta quos id.

Nisi aut voluptas et enim impedit aut eligendi. Sit soluta officia autem voluptatibus totam dolore eius.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”